Sands Capital Management
KSPI icon

Sands Capital Management’s Kaspi.kz JSC KSPI Stock Holding History

Sands Capital Management’s Portfolio KSPI Stock Details KSPI Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$133M Sell
1,531,017
-55,317
-3% -$4.69M 0.49% 44
2026
Q1 		$117M Sell
1,586,334
-362,427
-19% -$27.3M 0.46% 41
2025
Q4 		$152M Buy
1,948,761
+304,521
+19% +$23M 0.46% 41
2025
Q3 		$134M Sell
1,644,240
-37,773
-2% -$3.31M 0.37% 43
2025
Q2 		$143M Buy
1,682,013
+370,556
+28% +$31.6M 0.41% 43
2025
Q1 		$122M Sell
1,311,457
-130,029
-9% -$12.7M 0.41% 43
2024
Q4 		$137M Sell
1,441,486
-36,728
-2% -$3.93M 0.4% 42
2024
Q3 		$157M Sell
1,478,214
-42,127
-3% -$5.23M 0.48% 46
2024
Q2 		$196M Sell
1,520,341
-127,796
-8% -$15.7M 0.58% 39
2024
Q1 		$212M Buy
+1,648,137
New +$169M 0.59% 39

Other funds holding KSPI

BFMH
Baring Fintech Manager Holding Castel, Guernsey $1.45B AUM 2.06% 1-Year Est. Return
BDP
Brehaut David Pascal $1.06B AUM
BFFIM
Baring Fintech Fund III Managers St Peter Port, Guernsey $616M AUM 2.06% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return
Fidelity International
Fidelity International Hamilton, Bermuda $139B AUM 29.06% 1-Year Est. Return
Pzena Investment Management
Pzena Investment Management New York $34.1B AUM 23.81% 1-Year Est. Return
SE
Spice Expeditions Westport, Connecticut $224M AUM
Schroder Investment Management Group
Schroder Investment Management Group London, United Kingdom $141B AUM 34.18% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
SC
Samlyn Capital New York $6.14B AUM 42.05% 1-Year Est. Return

Sands Capital Management's KSPI Position: Q2 2026 in Review

Sands Capital Management reduced its Kaspi.kz JSC (KSPI) stake by 3.5% in Q2 2026, selling an estimated $4.69M and leaving 1,531,017 shares worth $133M. The position accounts for 0.49% of the portfolio, ranked #44.

Sands Capital Management first reported a position in KSPI in Q1 2024 and has held it in 10 quarters since. The position peaked at $212M in Q1 2024. 207 funds tracked by Wall St. Rank hold KSPI as of Q2 2026.

  • Sands Capital Management held 1,531,017 shares of Kaspi.kz JSC worth $133M as of Q2 2026.
  • Sands Capital Management sold 55,317 Kaspi.kz JSC shares in Q2 2026, an estimated $4.69M.
  • Kaspi.kz JSC made up 0.49% of Sands Capital Management's portfolio in Q2 2026, its #44 holding.
  • Sands Capital Management first reported a position in Kaspi.kz JSC in Q1 2024 and has held it in 10 quarters since.
  • Sands Capital Management's Kaspi.kz JSC position peaked at $212M in Q1 2024.
  • 207 funds tracked by Wall St. Rank held Kaspi.kz JSC as of Q2 2026.

Based on Sands Capital Management's 13F filing for Q2 2026, filed 13 Aug 2026.